In the article, “Is College Worth It? Clearly, New Data Say” by The New York Times explains that college is more valuable than ever. The New York Times explains how "college graduates are feeling more overqualified for the job that they do." Due to the fact that they are not getting paid as much, as they would at a job using their degree. It also includes that college graduates who actually graduate with a four-year degree are more likely to get paid more hourly than they did before. One of the major downfalls was that they aren't getting paid the wages that they should be. Therefore, pursuing a college career and attending a university is worth it. It creates the opportunity to expand their education. They will get paid more, rather than …show more content…
It's due to thinking that since our economy is decreasing more money will be spent towards college. In the article by the New York Times it states, “It's more important to emphasize the shortfall because public decisions today for which we in see in the news media deserve more responsibility, an undeniable fact does not guarantee success. But of course, it doesn't. Nothing guarantees success, especially after 15 years of disappointing economic growth and rising inequality.” Therefore, high school students do not want to achieve in getting a bachelor's degree since it's been put out that it's harder to find jobs that apply to their majors. Getting a bachelor's degree might mean that you'll be unemployed or struggle to get a job that you are more likely qualified for. The economic decrease in our country shouldn't affect students attending college. The New York Times states that is isn't either, “ I find the data from the Economic Policy Institute especially telling because the institute is a left-leaning research group that makes a point of arguing that education is not the solution to all of the economy’s problems.” This clarifies that the economy doesn't have anything to do or is a possible solution to solving economic problems that should affect student to attend
In the articles, “Is College Worth It” written by David Leonhardt and “Why College Isn’t for Everyone” written by Chris Matthews, both writers build an argument to persuade readers that attending college is for everyone and is a time to emphasize one’s thoughts for the future. In the article, “Is College Worth It”, Leonhardt begins his argument by using statistics. Leonhardt states that, “Americans with four-year college degrees made 98 percent more an hour on average in 2013 than people without a degree” (Leonhardt, par. 3). This implies that individuals who have earned a bachelor's degree or higher are more likely to earn more money per hour compared to those who do not have a degree.
All your life you are told you need to go to college to be successful. In reality college is a chance to be successful but, doesn’t mean that you will be. In his article “Americas Most Overrated Product” Marty Nemko talks about college student statistics stating, "College is a wise choice for far fewer people than are currently encouraged to consider it” (527). Nemko states, “Among high school students who graduated in the bottom forty percent of their classed, and whose first institutions were four-year colleges, two thirds had not earned diplomas eight years later” (523). People who end up getting college diplomas hardly ever work in the career that they have a degree in, let alone can get jobs that require a degree.
According to the Georgetown University Center on Education and the Workforce, those with a bachelor degree will earn approximately $2.3 million. Is the time and cost associated with a college degree worth it? What if the student had to borrow a lot of money to attend college? Mike Rowe argues that collectively college graduates hold 1.3 trillion dollars in debt, and no real job skills that match job openings that actually exist. The statistics and data show that traditionally college graduates make more money.
In recent years, the economy and job outlook has become super competitive throughout the States. With so many people seeking and applying for the same job, employers can only afford to hire a very small amount of people. As a result, they choose the best qualified applicant, which most likely means the applicant with the highest education. With competition increasing exponentially, it is becoming more and more difficult to find, let alone keep a job. That is why college is a necessity in today’s society.
Although it is proven that college graduates make more money than early-career workers with high school diplomas, many jobs don’t need college degrees. “According to the Federal Reserve Bank of New York, 46 percent of recent college graduates were in jobs that don’t even require a college degree” (Why College Isn't (and Shouldn't Have to Be) For Everyone). Lots of young people would “rather be doing something else, like making money or painting murals”. So, the money and time spent on college are not worthwhile for a degree that is not vital to a
The article “Is College Worth the Cost? Many Graduates Don’t Think So” by Jeffrey J. Selingo describes that most of the graduate students’ who had already completed their four years at a university and earned their bachelor’s degree are in debt for over a couple of years paying off their education. As stated by Selingo, those students that got a higher education are likely to be unemployed because the unemployment rate for college graduates is still at 9 percent, which makes it difficult for students to start paying of their debts. According to the Federal Reserve Bank of New York, the wage of college graduate workers has declined about 10 percent for the first time. Even if the college graduates do start working right after finishing their education most of
These studies have proved that college is not worth it in the long run. College graduates are beginning to have high expectations on their wages earned. New college students are losing ground on wages by the time they graduate. Many are working hard to earn a degree, going into debt, making sacrifices financially. But, the lack of wage growth is affecting them after college.
The first thing that they might bring up is that college education makes more money which in return can pay off your student loans as said, “While the income for those with a bachelor 's degree was $65,482, and $92,525 for those with advanced degrees. [110] The median income for families headed by a bachelor 's degree holder was $100,096 in 2011.” (college-education) The next point they might bring up is that more and more jobs are requiring people to have some sort of college degree as said here, “According to a June 2016 study, 99% of job growth (or 11.5 million of 11.6 million jobs) between 2010 and 2016 went to workers with associate 's degrees, bachelor 's degrees or graduate degrees. [104] Based on economy and job projections calculated by Georgetown University, in 2018, approximately 63% of jobs will require some college education or a degree.
According to Andrew J. Rotherham’s article “Actually, College Is Very Much Worth it. ”he states, “Meanwhile, in 2010, the unemployment rate was 9.2 percent for those with only some college and more than 10 percent for those with just a high school degree, but it was 5.4 percent for college graduates.” The data Rotherham provides shows that even with some college education, you have a higher chance of getting employed than those with just a high school degree. The one group that outweighs all the others is the college graduates proving that with a college degree unemployment is less likely to befriend people who do pursue college. Some people might say that there are loads of jobs that do not require a college degree, especially in this time and age.
, “Experts that have researched the performance and job success of college graduates have concluded that, nationwide, college graduates with a bachelor's degree earn 74 percent more per year than those who only complete high school.” This seems very logical when you look at the big picture, having furthered your education will open you up to more jobs that that require more education that will most likely pay more. The University of North Texas in their article “Why Go to College?” shows a graph from The U.S. Census Bureau that shows a professional degree could earn you around 4.4 million dollars compared to less than a high school diploma could earn you around 1 million dollars for a whole worklife. Seeing
I prefer to think of college as a large step closer to a well-built future. Research and the experience of people who have jobs such as a scientist or engineer, displays that college graduates are making much more money. Owen and Sawhill’s example,
There is an ample amount of information that leads people to believe that college is a great choice. In Source F, it is shown that, “Adults who graduated from a four-year college believe that, on average, they are earning $20,000 more a year as a result of having gotten that degree. Adults who did not attend college believe that, on average they are earning $20,000 a year less as a result.” Also, provided in Source F, “...55% say it [college] was very useful in helping them prepare for a job or career.” While these statistics are true, the negatives still outweigh the positives.
Daniel Indiviglio the author of “The importance of College: A Self- Fulfilling Prophecy.” did see the importance of it. The author reveals that there is a huge demand for college graduates, and those who finish college have higher wages. “Even though college is expensive, the lifetime earning potential it provides results in its being worth the cost.” Since getting a college degree takes time and money and there is people who cannot afford getting a higher degree of education.
It is a known fact that those who seek to make the most out of their lives will indeed look for work. However, the ones who have found the true worth in a college education find themselves in much better circumstances than others. They are able to maintain these jobs because they were provided the education to do so, which certainly sets them apart from those who decided the impracticality of a
College and having a degree is much more valued in the labor market: "Many economists have conjectured that growth in information technology over the past few decades has led to a general reorganization of the way that firms produce goods and services and a corresponding increase in demand for workers who have more abstract, multilevel, noncognitive skills" (Oreopoulos and Petronijevic). As the authors in the previous quote explain, the skills college provides one with are desired in the labor market today as it continues to advance. Profitable employment is better accessible and guaranteed with a degree.